UBS Loses Discrimination Suit

According to Business Insurance, the Swiss bank must pay
Laura Zubulake $29.2 million, a New York federal jury ruled
Wednesday. Zubulake had filed suit in February, 2002,
accusing the firm of undermining her job performance by
treating her differently than her male coworkers, as well
as ridiculing her in front of other workers and making
sexist remarks.

She also contends that the bank fired her after she
filed a complaint with the US Equal Employment Opportunity
Commission (EEOC). On top of this, she claimed that the
company destroyed email evidence of the bias.

Zubulake was awarded $9.1 million in compensatory
damages and $20.1 million in punitive damages; the
compensatory damages represent back pay and front pay.
Zubulake was making $500,000 before she was fired.